Three-Street Industrial Assemblage — 123 N. Gateway Blvd, Elyria, OH

$1,750,000

123 Gateway Blvd N, Elyria, OH, 44035, Elyria, OH

Industrial for sale in Elyria, 123 Gateway Blvd N, Elyria, OH, 44035, 35088 m²

123 Gateway Blvd N, Elyria, OH, 44035, Elyria, OH

$1,750,000

35088m²
Type: Industrial

Description

123 N. Gateway Blvd is a ±35,088 SF, two-building industrial assemblage on 8 contiguous parcels with frontage on three public streets in Elyria, Ohio. Long owner-occupied by ConSun Food Industries as a storage and distribution facility, the property combines scale, multi-street access, and an in-place legal nonconforming use for a storage/warehouse operator. The main building is a 26,536 SF masonry warehouse built in 1920, supplemented by an 8,552 SF secondary metal-frame warehouse, for ±35,088 SF of total covered storage on one assemblage. The site offers rare three-street frontage along N. Gateway Blvd, West River Rd N, and Fremont St, and sits within the City of Elyria's Corridor zoning district, where the property's existing storage/warehouse use is protected as a legal nonconforming use. Offered at $1,750,000 ($49.87/SF), the property is well suited to a storage, distribution, or light-warehouse owner-user, or an investor seeking a value-add industrial asset in Cleveland's tight industrial market, where vacancy sits at 4.4%.

Agent Information

Location

123 Gateway Blvd N, Elyria, OH, 44035, Elyria, OH

Data

Object TypeIndustrial
Purchase Price$1,750,000
Living Space35088 m²
Plot Size513.66 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

No energy information available

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